U.S. economy grew at “modest to moderate” rate: Fed’s Beige Book

Written by on October 20, 2021

The Federal Reserve building is set against a blue sky in Washington, U.S., May 1, 2020. REUTERS/Kevin Lamarque/File Photo

Oct 20 (Reuters) - The U.S. economy grew at a "modest to moderate" rate in September and early October, as the latest surge of coronavirus cases crested and began to recede, the Federal Reserve said on Wednesday in its latest Beige Book compendium of reports about the economy.

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